Prepaid is the New Battleground for Wireless Carriers

Everywhere except the wireless industry, which is plagued by slowing growth. This week, both AT&T and Verizon Wireless reported steep declines in the number of customers who signed up for contracts during the first quarter of 2010. (1 day ago)

2 Responses to “Prepaid is the New Battleground for Wireless Carriers”

Prepaid Cellphones are Getting More Competitive.
• Decrease in sales by AT&T and Verizon Wireless in 2010
• Prepaid is cheaper and convenient
• I-Phone will not be exclusive to AT&T only
• Increase in AT&T prepaid users are also seen
• Boost Mobile had been aggressive in winning customers

It’s a good thing that people are becoming more aware of the prepaid options available to them. The prepaid sector is much more competitive because consumers aren’t locked into contracts and can change providers easily. This means the carriers have to fight for customers with lower prices and better services. How the big carriers got the American people to sign contracts for so long is a mystery. Guess it all comes down to $$$ spent on advertising.

I switched years ago to NET10 prepaid and have saved HUNDREDS of dollars every year by not using a cell through contract. It’s just silly to sign yourself in like that and get ripped off at the same time.